HomeBlockchainGaruda DeFi Nears $USDC Fiat On-Ramp Launch on Terra Classic with OnrampMoney...

Garuda DeFi Nears $USDC Fiat On-Ramp Launch on Terra Classic with OnrampMoney Integration

-

Garuda DeFi has officially achieved a major milestone in its mission to simplify crypto accessibility on the Terra Classic network. The platform has just completed its first internal testing and integration for a $USDC fiat on-ramp, powered by OnrampMoney — bringing the community one step closer to seamless, low-cost stablecoin purchases.

This breakthrough means users will soon be able to purchase $USDC directly with fiat currency, without relying on centralized exchanges. By integrating OnrampMoney’s infrastructure, Garuda DeFi is working to provide a streamlined, secure, and user-friendly experience, enabling quick conversion from local currency to $USDC on Terra Classic.

The integration is designed with ultra-low fees in mind, ensuring that users can maximize the value of every transaction. This is especially significant for traders, DeFi participants, and everyday users who want to avoid the high costs and delays often associated with traditional on-ramping methods.

For the Terra Classic ecosystem, the arrival of a direct fiat gateway for $USDC could open the door to increased liquidity, more active participation, and a stronger foundation for decentralized finance applications. It also reduces reliance on intermediaries, reinforcing the network’s commitment to decentralization and accessibility.

The internal testing phase marks the beginning of a rollout process that will be carefully monitored to ensure security, compliance, and performance. Once live, users will have the ability to purchase $USDC in just a few clicks, creating an easier path into Terra Classic’s growing DeFi landscape.

With the launch now closer than ever, the Garuda DeFi team is encouraging the community to stay tuned for official announcements and public release details. The future of easy, low-cost $USDC access on Terra Classic is almost here — and it’s looking bright. ⚡

Lunc Daily
Lunc Dailyhttps://luncdaily.com
Your trusted source for Terra Classic (LUNC) news, blockchain updates, and market insights. Powered by Orbit Wire Ecosystem

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

New Terra Classic Proposal Seeks Faster Smart Contract Updates for Juris Protocol and LuncSwap.fun

A new Terra Classic proposal seeks to allow Juris Protocol and LuncSwap.fun to upload smart contract updates without separate governance votes.

LUNC Staking: 6 Benefits for Holders and Terra Classic

Discover 6 key benefits of staking LUNC, from earning rewards and participating in governance to strengthening Terra Classic network security.

Garuda DEX Hacked: Trillions of Layer 2 Tokens Stolen

Garuda DEX suffers a major security breach after its admin wallet is compromised. Twelve staking contracts are hacked, resulting in trillions of Layer 2 tokens being stolen and sold.

Binance Hack Raises New Questions: Will November’s LUNC Burn Be Delayed?

Binance has not recorded its November 1 LUNC burn following a major security breach. Will the exchange delay its monthly Terra Classic token burn?

Most Popular